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NOLO Company determines that equipment it has for sale has suffered a permanent impairment in value because of technological changes. After the impairment loss has

NOLO Company determines that equipment it has for sale has suffered a permanent impairment in value because of technological changes. After the impairment loss has been recorded, the equipment will be reported at its, The answer is Fair value

image text in transcribed NOLO Company determines that equipment it has for sale has suffered a permanent impairment in value because of technological changes. After the impairment loss has been recorded, the equipment will be reported at its fair value. net realizable value. cost. carrying value

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